Trading recommendations:
NZD/USD:
According to the previous events, the price has still been trapped between 0.8290 and 0.8250.
- Long buying: Buy above 0.8216 (this level has formed double bottom for September 30, 2013) with the first target of 0.8260, it might resume to 0.8285.
- Short selling: Swing trade at 0.8300 in order to sell with a traget of 0.8250 then it will continue towards 1.8220.
Intraday technical levels:
Date and Time: 30/09/2013 13:27
Pair: NZD/USD
Projected High: 0.8647
Breakout (Buy Stop): 0.8592
Strong Resistance (Sell Limit): 0.8562
Current Pivot: 0.8303
Strong Support (Buy Limit): 0.8043
Breakout (Sell Stop): 0.8018
Projected Low: 0.7968
